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20121112
20121120
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since the '30s. >> we were tying it all the way remember with bill clinton, becky, bill clinton realizes no matter what happens the next four years will be good, housing recovers, so if he doesn't make sure the president's reelected then hillary can't run in 2016 because romney would be an eight-year president. whoever is there is going to get credit for it. steve, are we guaranteed the next four years as housing recovers no matter what policies we pursue it's going to be 3% or 4% growth? >> sadly no. in 2008 before we had the financial panic in september and depressed housing markets like phoenix, las vegas and a couple other areas we started to see signs of life again so if you get government out of the way, housing would recover far more quickly and let the markets clear, recover far more quickly. the key thing you got to have stable money, don't pile on new taxes and don't pile on all of the new regulations that are coming. those are crushers. >> i want to know whether reinhardt-rogoff was right. if we stay slow for four years it was more than the financial crisis, that washington po
endorsement as president bill clinton included a twinkie in the millennium time capsule. in the youtube age, we have seen the twinkie put to the test, for shelf life, toughness and microwavability. >> that looks like a turd. >> reporter: but now the twinkie needs someone to come to its rescue or we'll have to say good-bye to the twinkie for good. >> oh, boy. >> so sad. i need a tissue. >> i know. i know. i know. so, alison, nice job on that, i like the look back and the music. walk us through what is happening. a lot of people are out of work, we're la meanting about the twinkie being gone, but lite a f people are losing jobs. >> they're losing their jobs. hostess, you go on the website, look, we're closing our doors. what they're doing, they're asking for access to $75 million to go toward winding down the biz and that includes money to pay its employees it needs to liquidate. it is going to be keeping its doors open and a few employees on long enough to get the last remaining product out the door to the stores and, you know, though the fate of one of america's favorite snack foods is at r
of the bill clinton example, that that's a legacy thing. i think he generally believes it. i think the concern for people on the left has to be that he's coming from a place of he does want to go at the deficit now. he would do a grand bargain. i think part of the grand bargain last time was a bit of saying if i give you this, everything you should want and you still say no, because i know you'll say no -- >> then it shows you're -- >> shows that you're unreasonable. so i think we need to take that with a grain of salt. but he does subscribe -- >> this point is important. i'm not huge for psychoanalyzing about public figures, but all the reporting, people that have been in meeting with the press, this is not some fabricated thing, it's not out of convenience or political pressure, he believes that we need to get our fiscal house in order, we need to reduce the projections, stabilize debt to gdp, that's a genuine priority of the president of the united states. >> here's what i would love for him to add to the conversation. let's do it with a trigger of our own which is let's say put all this --
starting in 2003 when the statutory budget controls that are supported by president bush 41 and bill clinton expire. that meant the so-called payroll rules that you could not end up doing that finance it cuts, could not expand new government programs of the should pay for it. they expired. washington spun out of control. three things happen in 2003. the second round of tax cuts, we could not afford them. we invaded a sovereign nation without declaring war, without paying for it -- iraq. we expanded medicare to add prescription drugs, added $8 trillion to medicare was already underfunded about $20 trillion. irresponsible. things have frankly gotten worse since. host: mike, centerville, massachusetts. a democrat. caller: hi. i am wondering why since our healthcare system is one of the biggest drivers on our national debt what we never hear cbo numbers comparing single payer to the private situation have in place now. guest: mike, cbo is generally requested to do work. frankly, they have a huge supply and demand imbalance. they're getting a lot more requests than resources -- then they
, former chief of staff for bill clinton bowles on closing bell yesterday talking about the long-term consequences of the fiscal cliff. >> if we do get our house in order, the future of america is bright and can compete with the best and brightest wherever they are. if we don't, we're on our way to becoming a second-rate power. >> joined by illinois congressman peter ross couple. he sits on the ways and means committee and joins us with john harwood and myself at the white house. congressman, good morning. >> hey, good morning, great to be with you. >> we already have the president wishing the speaker a happy birthday. i guess baby steps. right? how do you think the tone is shaping up today? >> i think the tone is good. look. president obama won on tuesday last. the speaker of the house congratulated him and lid out a pathway for the president to lead the nation on how to avoid the fiscal cliff and transform us in to the world class status we want to stay and maintain. so far i think the language is good. there's opportunities i think to find common ground. there's no voices on t
Search Results 0 to 6 of about 7 (some duplicates have been removed)

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